物流英语 教学课件 作者 刘晶璟 熊秀琼 unit four.pptVIP

Unit Four Inventory Management Part I Concept and Purposes of Inventory Lead In Do you know companies how to store their goods? Preview of the text Answer the following questions and discuss your answers in class. 1)What is stock? Do you think they are important to a company? 2)What problems may a business have if it holds too much stock? Text: Concept and Purposes of Inventory The Purposes of Inventory Why would a firm hold more inventory than is currently necessary to ensure the firms operation? What are the purposes of inventory? MEET DEMAND (2) KEEP OPERATIONS RUNNING (3) LEAD TIME (4) HEDGE (5) QUANTITY DISCOUNT (6) SMOOTHING REQUIREMENTS How to Control Your Inventory? Visual control enables the manager to examine the inventory visually to determine if additional inventory is required. In very small businesses where this method is used, records may not be needed at all or only for slow moving or expensive items. Tickler control enables the manager to physically count a small portion of the inventory each day so that each segment of the inventory is counted every so many days on a regular basis. Click sheet control enables the manager to record the item as it is used on a sheet of paper. Such information is then used for reorder purposes. Stub control (used by retailers) enables the manager to retain a portion of the price ticket when the item is sold. The manager can then use the stub to record the item that was sold. As a business grows, it may find a need for a more sophisticated and technical form of inventory control. Point-of-sale terminals relay information on each item used or sold. The manager receives information printouts at regular intervals for review and action. Off-line point-of-sale terminals relay information directly to the suppliers computer who uses the information to ship additional items automatically to the buyer/inventory manager. The final method for inventory control is done by an outside agency. A principal goal for